The worst is almost over. Stay strong.
The worst is almost over. Stay strong
> The worst is almost over.
When the worst is almost over it indicates, that the worst point isn't reached yet.
The worst can be over, but never almost over.
> Therefore, the worst is yet to come.
>t.
well that chart is a couple months out of date so the worst should be over by now
we're going to 2.5k at least. Bear til April at least, if not Summer.
Maybe but the bottom is very near.
$5 bones says it hits $3700-$3800 and then drops $1k over night with a flash crash bottom somewhere around $2400
How come the highest volume spike on this chart happened in 2015? Would have thought more volume would've been at the peak of the pump in 2017
we haven't even strated yet....
So this is the power of geometry
the volume data from that chart is from one exchange. there were less exchanges back in 2015 so it was more concentrated or maybe whatever exchange it is fell out of favor
why am i typing this suck my dick ye faggot
The bear market hasn't even started yet
>autistically search waruso for hours to find pic related. the equivivalent of OPs pic for the 2015 bear market
>find nothing
take it how you want
Thanks faggot
very good chart, thank you! I agree, worst is over or almost over.
Except this will never happen permabulls are delusionul
tdv according to bnc in absolute terms.
i never get how volume works on those log charts
And permabears are even more delusional.
Corrections take place in price and corrections take place in time.
The bad news is that by not being able to have a strong dead cat bounce into 5k and then taking extra time to get back down to 3k, we’re probably gonna go lower than most people think, because time has to run its course.
And if the price can not delay the time to get us to sub 3k by having a reasonable dead cat bounce & staying a little bit higher, it’s a big trouble for the bulls.
With that being said, we are looking at sub $2000 prices as an ultimate bottom of the bear market (if we can’t have a very good bounce)
2014-2015 bear
A clean weakly view of the scenario
If history indeed rhyme - which is a big if - we can expect a 1700-2200 bottom in the spring (most likely April, because the cycles are lengthening)
When comparing the current Bear Market with the previous one (2014-2015), we see that many similarities are present. Bitcoin has been mimicking the past bear market like unreasonably identical.
The main question is: How will the current bear market be different than the previous one?
Collective behavior of people can be very similar, which may mean that the same general pattern will show up again.
Possible difference could be:
1) we go even lower %-wise than the last time;
2) The cycle could be dragged out much longer.
We are convinced that the relation to the 200-Week MA is gonna be one of the big separators of the current technical picture of the bear market vs the last one. That means we will go below it.
Here is why the 200-Week MA will break
Each red line represents a btc halving. Buy right above the purple line sell at the yellow line. Simple
Wow
Please someone tell me its going to be alright
Will my REQt ever recover?
i agree with your assessments. heres my take.
previous cycle
current cycle.
this one is moving slower than the last, which makes sense because we roped in more suckers this time
we still havent reached terrorist level, which is under 200ma weekly
its gonn be alright fren, stay strong. tokyo meeting 2020